Sovereignty, Resilience and Trust: Strengthening Europe’s Digital Economy After covid-19

In the next decade, 5G technology will enable 2.1% of income growth
0
$100
$200
$300
$400
$500
$700
20
20
20
21
20
22
20
24
20
23
20
25
20
26
20
27
20
28
20
29
20
30
$65bn - 
Retail
Other
Financial and insurance activities
Information and communication
Education
Public administration and defence; 
compulsory social security
Human health and social work activities
Services
Manufacturing
Construction and real estate
Retail
$70bn - 
Services
$90bn - 
Manufacturing
$600
Figure 9. Income growth, accumulated since 2019, driven by 5G, by sector (billion)
Source: GSMA Intelligence

---

Appendix: SDG drivers
19
Mobile technology and economic growth
4. Policy 
implications

---

20
Mobile technology and economic growth
4. Policy implications
Mobile and digital technology at the forefront of post-COVID-19 
economic recovery
Mobile and digital technologies provide essential 
infrastructure that has helped to mitigate the social 
and economic impacts of lockdowns resulting from 
the COVID-19 outbreak. In this context, and as social 
distancing measures remain in place, mobile can 
continue to help boost economic activity, allowing firms 
and workers in key sectors (including health, professional 
services, the public sector, retail and education) to 
continue their activities. Mobile and digital technologies 
can also stimulate activity and job creation in sectors 
that are experiencing increased demand (such as IT, 
digital services and entertainment) and more generally 
in sectors interlinked with digital technology.